Tesla semi truck

Share to Twitter Share to Linkedin Key takeaways Due to various issues, Tesla's stock was down over 50% in 2022. Hopes are high for a good 2023 with the Cybertruck and Tesla Semi rolling out. With a fair price-to-earnings ratio, investors are jumping into the stock in 2023. Tesla stock is up 14% in 2023, even after missing prior year auto deliveries. Here is a look at the stock’s rocky 2022, the issues the company is facing and whether the current rise in stock price can be sustained moving forward—plus, how Q.ai can help . Tesla 2022 year in review Automaker Tesla had a wild year in 2022 as its CEO, Elon Musk, thought it was prudent to take questionable actions that tanked the company's stock value. Before that, Tesla was a darling among well-heeled auto buyers who wanted to do their part to help the environment. Until that point, the most controversial aspect of Tesla was its build quality and exorbitant cost of repairs on older … [Read more...] about Tesla Stock Suddenly On The Rise In 2023 – The Latest News That’s Fueling The Climb

Share to Twitter Share to Linkedin Tesla is expected to publish its Q4 2022 earnings on January 25, reporting on a quarter which saw the company contend with supply chain and demand-related headwinds. We expect Tesla’s revenues to come in at $24.9 billion, roughly in line with estimates. This would mark year-over-year growth of about 40% and a sequential rise of 16%. Earnings are likely to come in at about $1.13 per share, up from $0.85 in the year-ago quarter. See our interactive dashboard analysis on Tesla Earnings Preview for more details on how Tesla’s revenues and earnings are likely to trend for the quarter. So what are some of the trends that are likely to drive Tesla’s results? Tesla said that it had delivered 405,000 vehicles over the quarter that ended in December, marking a growth of about 31% year-over-year. While this represents healthy growth, it falls short of the company’s long-term target of expanding deliveries by at least 50% … [Read more...] about What To Expect From Tesla’s Q4 Earnings?

Share to Twitter Share to Linkedin Tesla, the world’s biggest producer of electric vehicles, is expanding its Nevada assembly plant with a major new investment to boost production of a new, larger type of battery cell and a dedicated factory to make its Semi truck. The Austin-based company led by billionaire Elon Musk said in a blog post on Tuesday that it will spend $3.6 billion for a plant dedicated to making 4680 lithium-ion cells as well as a facility to produce the newly added Tesla Semi. The company has said it expects the new-generation battery cells, about the size of a beer can, to be more energy-dense and lower cost than its current 2170 cells. That’s a requirement to power heavy new models like the electric big rig and chunky Cybertruck pickup that may arrive this year. Tesla currently has the largest battery production operations in the U.S. with the Gigafactory in Sparks, Nevada, and the new funds bring its total facility in the complex to … [Read more...] about Tesla Pouring $3.6 Billion Into Nevada Plant For EV Battery, Semi Production

(CTN NEWS) – On Tuesday, Tesla Inc . announced that it would spend more than $3.6 billion to add two new factories to its Nevada manufacturing complex, including the first to mass produce its long-delayed Semi electric truck. The second factory will produce brand-new battery cells called 4680 and has the capacity to produce 2 million light-duty vehicle’s worth of batteries every year. About 3,000 people will be employed across the two facilities. The company is located in Sparks, producing lithium-ion batteries, auto parts, and other goods like the Powerwall, a consumer power backup system. The Semi, first unveiled in 2017, was supposed to start production in 2019 but didn’t arrive until Musk gave PepsiCo one in December. Tesla entered the trucking industry for the first time with this move. / GETTY IMAGE The 18-wheeler truck can carry 81,000 pounds total, including the cargo, and has a 500-mile driving range . It might be eligible for the … [Read more...] about Tesla Invests $3.6 Billion To Expand 2 Factories In Nevada

Share to Twitter Share to Linkedin This week’s Current Climate , which every Saturday brings you the latest news about the business of sustainability. Sign up to get it in your inbox every week. O ne of the most well-known impacts of climate change is rising sea levels, and already coastal areas have started making plans to handle the flooding that will come with rising ocean waters. But new research published this week finds that those plans might need to accelerate, as the scientists behind it found that the flooding impacts of increased sea levels are likely to happen faster than previously thought. Not because of any change in carbon emissions, but because of better technologies. In decades past, researchers used radar to determine coastal elevations, which were then plugged into flooding models. But the problem, these researchers found, is that radar can’t always tell the difference between plants and the ground. Advances in lidar, … [Read more...] about Current Climate: Sea Level Rise Will Lead To Faster-Than-Expected Flooding On The Coasts